Personal grooming market in India is estimated at Rs 1,500 crore and growing at rate of 25-30% a year
Plan to strengthen in five categories and double exports in 2-3 years
The stock had a strong run-up in past eight months, rose 53% as compared to 18% rise in Sensex till yesterday.
Expected to outperform peers across categories over 2-3 years
Company's net sales on standalone basis during the quarter under review was up 17.05% to Rs 1,455 crore
Promptec is into marketing and manufacturing of LED products including street, office and solar lighting
HIL today launched Reo Bliss in Chhattisgarh to boost its market share in the Rs 5,000 crore segment across the country
The stock rallied 7% to Rs 366; also its record high on the BSE.
The stock moved higher by 3% to Rs 342, is currently trading near to its record high of Rs 346 on the BSE.